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TITLE 1 | ADMINISTRATION |
PART 15 | TEXAS HEALTH AND HUMAN SERVICES COMMISSION |
CHAPTER 358 | MEDICAID ELIGIBILITY FOR THE ELDERLY AND PEOPLE WITH DISABILITIES |
SUBCHAPTER C | FINANCIAL REQUIREMENTS |
DIVISION 2 | RESOURCES |
RULE §358.322 | Conversion of Resources |
If a person converts one type of resource to another, the new resource is counted according to the policy governing that type of resource. Cash received from the sale of a resource is counted as a resource, not as income. This includes proceeds from the sale of a natural resource, such as cutting timber from the person's home property and selling it as firewood, except as follows: |
Source Note: The provisions of this §358.322 adopted to be effective September 1, 2009, 34 TexReg 5497 |